Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1887-01-07

The year lust closed has been a prosper
GUS one for Burlington in every respect
an some branches of industry and bust
ness interests there has been positive
boom of marked proportions while nearly
every form of enterprise has made posi-
tive advancement. The city has also been
spared from disastrous calamity by cpl
lenic or confederation as well as financial
disaster and taken together it will be
found to compare favorably with the most
suspicious years in the history of Burling
son The growth of the city has not been
generally appreciated and one has
TO pass through the various streets
N order to realize the extent
Of building operations during the past
twelve months This Is accounted Tor by
she fact that II large proportion OF the out
lay IN this direction has been expended in
the erection of residences. In city
which has so many and diversified manu-
featuring Industries as Burlington 1t Is a
sure indication of increasing and perman-
eut prosperity when the laborlng classes
begin to largely own their own homes
and the constantly decreasing number, as
compared to our increasing population,
who apply to the pauper department for
But perhaps nowhere can the condition of
the material interests be learned of with
greater certainty than at the banks.
OUR BANKING INTERESTS.
The banking institutions of Burlington
without exception point to the record of
.he past year as indicating an unparalleled
period of healthy business growth There
have been times when more money was
being made apparently by the city as Il
whole, but it was at a time when great
uncertainty prevailed and when reaction
followed. The banking people are in a
position to know exactly the condition of
all classes. Business men deposit their
money there for convenience, and those
who from salary or otherwise are accu
mulating Il surplus deposit it for Il time at
least IN bank. 1t IS the testimony of the
banks that the commendable habit of
saving is rapidly extending among the
working classes and many from whom it
could hardly be expected are laying up
4 surplus OF several hundreds of dollars
ia the savings Institutions
As to the banks themselves the story is
that of continued progress. The national
banks as the more unerring thermometers
Of he rise and fall of the volume of bust
ness done in the city, report that their
yithstandinp the fact that a bank has
been established at st. Adams, from
which place large deposits have been
coming to the Burlington banks The
savings bank and trust companies also
report Il largely increased business one of
them having had an increase of 50 per
cent in the last wear and others announc-
-p0 encouraging rates of increase.
THE LUMBER INTEREST,
Tho .n,ornt of lun,har hrourbt RI Rur-
.inEton the past year will fall short CON
slderably OF the amount for the cores
pondlng time last year. we account Tor
ms CHIEFLY 10y the TACT OF the opening OF
the Canada Atlantic road, who have given
The lumber merchants OF TINS city very
favorable rate OF freight, corresponding
with water rates, so That the dealers here
10 not have to stock mp as largely IN the
ta-l OF the year as formerly thereby say
1IiH we lutele9i VI ti'e iieisie ana
v4li maintained for the year ihe margins
mn Inmher sold have been LIGHT Last
snrinrttha outlnol, for business was nlurh
hettpr INN we have seen il for a number
# ,-aar. nast but rho Labor trouhlps
5fanned 81 LARGE amonnt of urniected
ynrt thereLy vprv materially cnrtaiIin0
the nmnnnt ni hu.Inrss. me amount of
,,Ir,hpr sold nv the different concerns
Gn-a lvbirh ,v6uld irclude iii the Inn
- n,nn',6t tn Rlrlinlrtnn and shinn..d
3irent from Canada wonld amonnt in
,,-or 1un nnn nn0 feat uuorae,.tin,r ovnr -
1nn nrn ~. ey+i,nat, 1he nTnount Of lurn.
I,a, on tho Wharves at Rnrlin~ton vi The
,,ra.1nt tin,a to he abont ~ 0nO 0OO feet
~, p,rIi MI d,essed Iun,bsr ~ racog
1ilad a.a stnnd.,rd for the Tinted states
ma ontiool, FOR hnsiness the Gaming wear
: orr natterino
THE WHOLESALE TRADE.
xrh,Ioe.la da.,or. in ..rocor;es n.l,e an
,,.. g ,.i... 49,
,ein,- thp LARGEST of nny wear vet II i.
.,,roesihle to announce he figures in re
lation to the amouut Of goods handled he
,.r.e inventories have no, vet heen take,
- , ruIe protits hnye been l,rper thou fn,
sa,.aral wears hut NOT 81 LARGE as formerl,
.ybar ,narcbaudisa was h,udI.da at =, e,raot
.r nor cant of nroft Than Of The nre.ant